IPO Allotment Status
When a company chooses to go public, it raises funds by issuing shares through an Initial Public Offering (IPO). During this process, a specific number of shares are set aside for investors. The term “allotment” refers to how these shares are distributed among those who applied for them. Given the high demand for shares, not every applicant may receive them, resulting in a lottery-style system for the allotment process.
Direct Links to Check IPO Allotment Status
Registrar Websites: Each IPO is managed by a registrar, which is responsible for the allotment process. Here are some commonly used registrars and their direct links for checking IPO status:
Link Intime: Link Intime IPO Status
KFin Technologies: KFin IPO Status
Bigshare Services: Bigshare IPO Status
On these websites, you can enter details such as your application number and PAN (Permanent Account Number) to check your allotment status.
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| Company Name | IPO Open Date | IPO Close Date | Issue Price (Rs.) | Allotment Status Link |
| Waaree Energies Limited | Oct 21, 2024 | Oct 23, 2024 | 1503 | IPO Allotment Status |
| Deepak Builders & Engineers India Limited | Oct 21, 2024 | Oct 23, 2024 | 203 | IPO Allotment Status |
| Hyundai Motor India Limited | Oct 15, 2024 | Oct 17, 2024 | 1960 | IPO Allotment Status |
| KRN Heat Exchanger and Refrigeration Limited | Sep 25, 2024 | Sep 27, 2024 | 220 | IPO Allotment Status |
How Does the Allotment Process Work?
- Application: Investors fill out applications through their brokers, specifying how many shares they want.
- Allocation: After the IPO period closes, the company decides who gets shares and how many. If more people apply than there are shares, a random or proportional system is used to distribute them.
- Results Announcement: Once the allocation is done, the company shares the results, showing who got shares and how many.
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